Synovus Financial Corp Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Synovus Financial Corp boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 109,237 shares of the company’s stock after buying an additional 11,322 shares during the quarter. Synovus Financial Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $11,062,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AGG. Tidal Investments LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 148.7% during the 3rd quarter. Tidal Investments LLC now owns 1,032,165 shares of the company’s stock worth $104,368,000 after buying an additional 617,200 shares in the last quarter. Destination Wealth Management increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% during the third quarter. Destination Wealth Management now owns 1,343,115 shares of the company’s stock valued at $136,017,000 after acquiring an additional 50,209 shares during the last quarter. World Investment Advisors LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1,817.5% during the third quarter. World Investment Advisors LLC now owns 316,352 shares of the company’s stock worth $32,037,000 after acquiring an additional 299,854 shares during the period. Sanctuary Advisors LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 28.4% during the third quarter. Sanctuary Advisors LLC now owns 528,093 shares of the company’s stock worth $51,653,000 after acquiring an additional 116,889 shares during the period. Finally, SkyView Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth $709,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4 %

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.91 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The stock has a fifty day moving average price of $98.64 and a 200-day moving average price of $98.96.

iShares Core U.S. Aggregate Bond ETF Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.